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What You Need to Know

The articles in this section provide a basic rundown of skills and technology critical in across medical disciplines. With subjects ranging from communications to staffing and work/life balance, the answers to your most important questions start right here.

Communications & Technology
Physicians who wish they could take their practices with them wherever they go can pretty much have things their way. Communication technology continues to spawn mobile gadgets with capabilities ranging from simple telephone connection to email, instant messaging, word processing and record keeping.

Marketing and Advertising
Aside from excellent patient care, an organized marketing strategy is a powerful business builder. In addition to standard methods, such as referrals and the patient grapevine, today's medical practitioners have a range of sophisticated tools to spread the word about their practices.

Patient RelationsAside from a very appropriate emphasis on the practice's technical excellence, most advice boils down to one basic principle: Treat every patient as a valued individual.

Employment and Training
A successful practice largely relies on happy, well-trained employees. Research has shown that among factors such as profitability, efficient billing and well-organized revenue collections, effective staffing is one of the chief contributors toward excellence.

Billing and Accounts Receivable
With excellence of patient care the top priority in today's medical practices, invoicing and accounts receivable chores often get scant attention. But running financial operations efficiently ties directly to a thriving practice.

Vendor Relations and Purchasing
The purchase of provisions and equipment happens is a routine event in a medical practice. But the high price of everything - from office supplies, to furniture, x-ray machines and kitchen gadgets - can drain a smaller operation's resources. Good vendor relations can make the whole process less stressful.

Insurance
Malpractice coverage, as well as other business related insurances, can take a hefty bite out of a medical practice’s annual revenues. Even so, careful research and professional guidance can ensure you are getting the most comprehensive protection you can afford.

Work/Life Balance
Burnout can lead to a multitude of problems, including chronic fatigue, volatile emotions and depression, as well as susceptibility to physical ailments. Still, a few simple measures will help you avoid the situation.

Temporary Practice Coverage
Every medical professional needs time away from the practice. Fortunately, locum tenens agencies can provide reliable, trained staff to fill in wherever needed.

Social Media Best Practices & Applications

Health practitioners that use social media must keep a watchful eye on compliance and legal issues that could crop up on blogs, microblogs, social networks and more. Even so, the ease of publishing online, as well the connected communications social media offers, has completely transformed patient/physician interactions.

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The information included on this website is designed for informational purposes only. It is not legal, tax, financial, or any other sort of advice; nor is it a substitute for such advice. The information on this site may not apply to your specific situation. We have tried to make sure the information is accurate, but it could be outdated or even inaccurate, in parts. It is the reader's responsibility to comply with any applicable local, state, or federal regulations, and to make their own decisions about how to operate their business. Nationwide Mutual Insurance Company, its affiliates, and their employees make no warranties about the information, no guarantee of results, and assume no liability in connection with the information provided.

The information included on this website is designed for informational purposes only. It is not legal, tax, financial, or any other sort of advice; nor is it a substitute for such advice. The information on this site may not apply to your specific situation. We have tried to make sure the information is accurate, but it could be outdated or even inaccurate, in parts. It is the reader's responsibility to comply with any applicable local, state, or federal regulations, and to make their own decisions about how to operate their business. Nationwide Mutual Insurance Company, its affiliates, and their employees make no warranties about the information, no guarantee of results, and assume no liability in connection with the information provided.